cvsup 5.3 release gets incomplete release

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Hello -

Running a current 5.2.1 machine, I attempted to get release 5.3 via 
cvsup. When
it was finished, I found that  among other things, the file UPDATING did 
not exist
in /usr/src and

"make [ world | buildworld \ ... ]"

 bombed out with

"don't know how to make [world | buildworld | ...]"

(missing Makefile?)

mergemaster bombs out as well.
I've deleted the entire /usr/src and tried again using both 
tag=5_3_RELEASE and tag=.
I've read and re-read the handbook, and looked at the archives without 
results.

Thus I have two questions:
1) What am I doing wrong?  (Or am I ?)
2) What's with the files ending in ",v"?

The supfile used was as apperase below:

*default tags=5_3_RELEASE
*default host=cvsup.at.FreeBSD.org
*default prefix=/usr
*default base=/usr/local/etc/cvsup
*default release=cvs delete use-rel-suffix compress
src-all

The directory of the resulting /usr/src looks like:

drwxr-xr-x    2 root  wheel     512 Nov  6 22:44 Attic
-r--r--r--    1 root  wheel   16259 Oct 24 13:31 COPYRIGHT,v
-r--r--r--    1 root  wheel   37071 Oct 24 13:31 MAINTAINERS,v
-r--r--r--    1 root  wheel  279044 Nov  5 21:14 Makefile,v
-r--r--r--    1 root  wheel  367347 Nov  5 21:14 Makefile.inc1,v
-r--r--r--    1 root  wheel   26634 Oct 24 13:31 README,v
-r--r--r--    1 root  wheel  432204 Nov  4 13:12 UPDATING,v
-r--r--r--    1 root  wheel   23392 Oct 24 13:31 UPDATING.64BTT,v
drwxr-xr-x   39 root  wheel    1024 Nov  6 22:45 bin
drwxr-xr-x   69 root  wheel    1536 Nov  6 23:17 contrib
drwxr-xr-x    9 root  wheel     512 Nov  6 23:21 crypto
drwxr-xr-x   35 root  wheel    1024 Nov  6 23:22 eBones
drwxr-xr-x   25 root  wheel    2048 Nov  6 23:22 etc
drwxr-xr-x   45 root  wheel    1024 Nov  6 23:23 games
drwxr-xr-x    9 root  wheel     512 Nov  6 23:29 gnu
drwxr-xr-x    7 root  wheel    2048 Nov  6 23:30 include
-r-xr-xr-x    1 root  wheel   13820 Oct 24 13:31 installworld_newk,v
-r-xr-xr-x    1 root  wheel   17349 Oct 24 13:31 installworld_oldk,v
drwxr-xr-x    9 root  wheel     512 Nov  6 23:30 kerberos5
drwxr-xr-x   10 root  wheel     512 Nov  6 23:30 kerberosIV
drwxr-xr-x   99 root  wheel    2048 Nov  6 23:39 lib
drwxr-xr-x   43 root  wheel    1024 Nov  6 23:39 libexec
drwxr-xr-x   37 root  wheel    1024 Nov  6 23:39 lkm
drwxr-xr-x   20 root  wheel     512 Nov  6 23:41 release
drwxr-xr-x    4 root  wheel     512 Nov  6 23:41 rescue
drwxr-xr-x  138 root  wheel    2560 Nov  6 23:42 sbin
drwxr-xr-x    8 root  wheel     512 Nov  6 23:43 secure
drwxr-xr-x   28 root  wheel     512 Nov  6 23:46 share
drwxr-xr-x   72 root  wheel    1536 Nov  7 00:13 sys
drwxr-xr-x   14 root  wheel     512 Nov  7 00:13 tools
drwxr-xr-x  280 root  wheel    4608 Nov  7 00:17 usr.bin
drwxr-xr-x  244 root  wheel    4608 Nov  7 00:23 usr.sbin